Tata-Airbus set to sign Rs 22,000-cr deal to make military plane
Updated Sep 23, 2021 04:28 am
- Sources said that the deal with Tata - Airbus is likely to be signed on Thursday, two weeks after it was given a go-ahead by the Cabinet Committee on Security.
- The signing is likely to include top officials from Tata and Airbus besides the ministry of defense biggest military order placed on the private sector - a deal to manufacture new transport aircraft for the air force - is set to be signed on Thursday, with the location for the manufacturing plant now being finalized. The Rs 22,000-crore deal is part of a series of initiatives to promote the private sector in defense manufacturing.
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